Wind carrier Cadeler has raised close to USD 100 million in a private placement, which will be spent on ordering new ships. This happens only half a year after the company raised a significant sum from its IPO.
BY SØREN PICO, SHIPPINGWATCH
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Oil companies are on the road to recovery thanks to rising oil prices, but their appetite for new investments is restrained. As a result, the troubled drilling sector must exercise patience as it waits for activity levels to improve, two stock market analysts tell ShippingWatch.
Even though the OEM has done a fine job handling Covid-19, according to Vestas' CEO, the outbreak that's still affecting the Ringkøbing factory has provided insights on what happens when anti-contagion protocols slacken.